Financial Daily from THE HINDU group of publications
Saturday, June 29, 2002
Markets (June 28)
BL 2501130.88 (+9.18)
BSE Sensex3244.70 (+27.55)
S&P CNX Nifty1057.80 (+9.25)
Dollar (Buy/Sell)48.83/48.96
Gold Std (10 gm)5300

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FERTILISERS


SPIC posts Rs 215-cr loss
SOUTHERN Petrochemical Industries Corporation Ltd (SPIC) has reported a net loss of Rs 215.50 crore for the year 2001-02, as against a net profit of Rs 15.87 crore for the year before. This loss is despite the company not having provided for ... More

PHARMACEUTICALS


Morepen turnover up; net down at Rs 54 cr
MOREPEN Laboratories Ltd (MLL) has clocked a gross turnover of Rs 516.13 crore, for the fiscal ended March 31, 2002, up 18.39 per cent over the previous year's Rs 435.98 crore. However, its net profit saw a dip to Rs 54 crore from Rs 73.20 ... More

POWER


BSES net down 67 pc at Rs 32 cr in Q4
THE net profit of BSES Ltd dropped 67 per cent in the fourth quarter ended March 31, 2002, to Rs 31.93 crore compared with Rs 98.08 crore in the corresponding period of the previous year. The board has recommended a dividend of Rs 4.30 per ... More

TWO/THREE WHEELERS


Birla Yamaha net profit up
BIRLA Yamaha Ltd, part of the Rs 1,000-crore Yash Birla group of companies, has posted a profit of Rs 5.32 crore for the financial year ended March 31, 2002 against Rs 5.12 crore in the previous year. Net sales have increased from Rs 70.32 ... More

METALS


Sterlite net at Rs 91 cr for nine months
STERLITE Industries (India) Ltd has ended the nine-month period ending March 31, 2002 with a profit after tax of Rs 91.04 crore, down from the year-ago period's profits of Rs 105.23 crore. The company is changing its accounting period to ... More

FINANCIAL INSTITUTIONS


IFCI net loss rises to Rs 885 cr
IFCI Ltd net loss has risen to Rs 884.70 crore for fiscal 2001-02 against a net loss of Rs 265.93 crore in the previous fiscal. The institution has shown an operating loss of Rs 253.12 crore against an operating profit of Rs 233.97 crore in the ... More
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